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See how verdicts work3-bedroom bungalow · RH6 7PF
Under offerReduced £25k (−4.8%) on 12 AugListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market on A price guide of £525,000 - £565,000.
Mayhew Estates are delighted to offer to the market this three-bedroom detached bungalow which provides an exciting opportunity for buyers looking to create a home tailored to their own tastes and requirements.
Properties offering this level of potential are becoming increasingly rare, particularly in such a well-established area.
While the property would benefit from some modernisation, it provides a fantastic blank canvas for those seeking to renovate, update and add value.
The well-proportioned accommodation offers versatile living space, with three bedrooms and ample scope to reconfigure or enhance, subject to the necessary permissions.
A standout feature of the property is the substantial rear garden.
Enjoying a generous plot, the garden offers endless possibilities and will particularly appeal to keen gardeners looking to cultivate borders, create vegetable patches, establish a wildlife-friendly haven or simply enjoy a large outdoor space rarely found with modern homes.
There is also excellent potential for extension, subject to planning consent, whilst still retaining an impressive garden area.
Further benefits include off-road parking and being detached, providing privacy and independence.
Conveniently located within easy reach of Horley station, local shops and everyday amenities, the property combines excellent potential with a highly practical location.
Living Room (4.93m x 3.3m) Conservatory (5m x 1.75m) Kitchen (4.93m x 3.35m) Bedroom 1 (4.24m x 3m) Bedroom 2 (3.33m x 3.02m) Bedroom 3 (3.84m x 2.4m)
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 22, Cheyne Walk, Surrey
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